When TIA first showed the head and shoulders technical pattern, I always adhered to the strategy of reducing positions at high levels. However, before I noticed it, TIA had fallen by nearly 80%, which became a typical example of the volatility of many altcoin markets. The following key principles are worth remembering:
1. Be cautious to avoid investing in altcoins at high levels to prevent the risk of overvaluation.
2. For projects that are still in the embryonic stage and have not been officially launched, you should maintain rational observation and avoid premature intervention.
3. When the overall market trend is unclear, it is wise to stay away from the altcoin market to avoid losses in market uncertainty.
If you can't find the direction in the currency circle and don't know what currency to buy, find me on Zui Ye Brief and share more information and strategies related to the currency circle for free.
